Salt Lake City Market Report
$992,013
AVERAGE PRICE OF 1,060 HOMES$290,400
AVERAGE PRICE OF 5 DISTRESSED HOMES$2,269,935
AVERAGE PRICE OF 275 MULTI-MILLION DOLLAR HOMES$955,124
AVERAGE PRICE OF 69 NEWLY BUILT HOMES$967,499
AVERAGE PRICE OF 134 HOMES WITH A POOL$861,766
AVERAGE PRICE OF 82 REDUCED PRICE HOMESAverage Home
| Average Price | $992,013 |
| Avg Bedrooms | 3.31 beds |
| Avg Bathrooms | 2.55 baths |
Average Price by Bedrooms
| 1 bedroom | $378,134 |
| 2 bedrooms | $501,251 |
| 3 bedrooms | $700,836 |
| 4 bedrooms | $1,029,047 |
| 5 bedrooms | $1,600,675 |
Salt Lake City Home Price Trends
| 4/2025 | 3/2025 | 2/2025 | 1/2025 | 12/2024 | |
|---|---|---|---|---|---|
| Total Listings | 978 | 889 | 838 | 809 | 928 |
| Average Price | $970,776 | $953,868 | $935,507 | $915,776 | $909,330 |
| Avg Price Change | +1.77% | +1.96% | +2.15% | +0.71% | +0.48% |
| Median Price | $612,751 | $599,495 | $596,869 | $577,952 | $584,611 |
| Med Price Change | +2.21% | +0.44% | +3.27% | -1.15% | -1.11% |
| Avg Bedrooms | 3.32 beds | 3.35 beds | 3.25 beds | 3.24 beds | 3.24 beds |
| Avg Bathrooms | 2.57 baths | 2.61 baths | 2.49 baths | 2.49 baths | 2.48 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| West | 265 | $860,445 | 73 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,060 | $992,013 | 79 days |
| Distressed Homes | 5 | $290,400 | 198 days |
| Multi-Million Dollar Homes | 275 | $2,269,935 | 94 days |
| Newly Built Homes | 69 | $955,124 | 115 days |
| Homes with a Pool | 134 | $967,499 | 78 days |
| Reduced Price Homes | 82 | $861,766 | 53 days |
